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Rotala PLC on Tuesday said that it has extended the deadline for some of its directors to firm an acquisition offer, following an indicative proposal in September.
As discussions are still in.
Rotala PLC on Tuesday said a management-led team has proposed buying the company for around GBP19.4 million.
The Tividale, West Midlands-based bus operator said the 63.5 pence per share cash proposal.
Rotala shares jump on GBP19.4 million management-led bid proposal lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.